Hey,
This is quiet a simple analysis.
As we know, we are expecting a daily tightening range (equilibrium) for BTC on the daily timeframe which means a lower high under the 11,150 zone.
Now zooming into the 1hr chart as we get close to the resistance zone, it is apparent we have a hidden bearish divergence, as you can see by the lower high formation on the...
2 variations that price can take to move to the red resistance
either as shown in pic or in a descending channel torwads restistance
short term sell
overrall view buy
Look for price to fall into recent areas of structure. At these levels, price will either pause and continue lower, or reverse and continue reaching new highs. Look for entry signals at each of these points and set take-profits in reasonable locations.
Howdy TradingView Family!
Hope you guys are doing well and having a great day. ACB and the majority of the weed stocks are being hit..and hit hard! However after seeing 100-200% gainers on most stocks its not surprising to see a 50% retracement. If any of us who have traded or invested in crypto in the past this is nothing, but all too familiar.
Let's move...
I have been invested in ACB since early 2014-2015. The stock was highly speculative at the time with 0 confirmation of Canada fully legalizing marijuana. Fast forward to 2019...at its highest point I was up 1200%. Crazy results for any day in the market...albeit if you come from crypto...well we all know that story.
As usual, you boy chases high-risk high reward...
I couldn't ignore this chart when I looked at it. I noticed it instantly! 10 years later GE has returned back to the $10 range back from 2009.
GE did a 8 year run all the way to 2017 before falling off heavy for 2 years straight. I did another 8 year projection back to the same level it reached in 2017. I believe it will take this pair less than 8 years to reach...
BINANCE:DCRBTC Is showing strong momentum and Increased
RSI
Buying Volume
DCR is ready to breakout with 50% Profit Potential from Now the green candle pattern has already formed and we already have broken April's low now its time to watch the show for Bull run.
About the Chart
I have highlighted 3 Targets using 3 different color of lines and giving 2...
The price bounces from 1.12000 support level . RSI confirms the price reversal and MACD histogram supports the further upward movement. DMI is still bearish but ADX line falls. It tells us that sellers are not so strong for pushing the market lower.
Trade Journal:
Analysis:
1. Trend is to the end ( Elliot wave )
2. 2H showing weak strength of bearish.
3. Weekly Sup is holding tight.
4. Looks like morning star is about to be formed.
Great New SPY is consolidating along the 1 FIB line. Minor correction is holding around the $280-278 range. We need to see this hold if we want to maintain an ongoing rally for stocks. If we do gun for $290 which was the previous ATH I predict the broader market will drop like a rock shortly after.
Sigh...its been a nice 3-month bull run :P Fingers crossed. Set...
GBP/CAD -- heavy manipulation to the upside, wiping out many traders at 1.76400 and 1.77380!
Patience and timing were key to avoid heavy losses.
Our team were in at 1.75837 but with stops carefully placed at key levels which kept our position in the market while other traders faced heavy losses.
Target 1 +160 points.
Target 2 +320 points.
Target 3 +480...
![EURUSD: EUR/USD Potential Setup [15min]](https://s3.tradingview.com/u/UWQSqhj9_mid.png "EUR/USD Potential Setup [15min]")
